Information Technology Landscape

Peru

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IT in Nations Around the World

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Domestic IT Market

Peru is an economy of about $4,799 of GDP per capita of purchasing power parity [3].  Since money is scarce in Peru, funding ICT seems to be a constraint.  Therefore, unlike other developed countries, the percent amount of GDP that Peru assigns to science and technology is minimum.

According to the National Council of Science and Technology (CONCYTEC), Peru invests only 0.08% of its GDP in science and technology whereas Latin America invests an average of 0.7% and the United States invests 2.5%.  CONCYTEC does not provide specific information about the percentage of GDP invested on ICT only [4].  However, according to the World Bank, ICT expenditures in Peru are 4.60% of its GDP [5].

Peru has not assigned much resources to ICT because there are major problems that the government is concerned about.  For instance, Peru has to target the very basics of education in order to eliminate--or at least reduce--the 10.11% rate of illiteracy [6].  Perhaps, the Peruvian government will not be willing to spend more money in ICT before the this rate is substantially reduced.

 

 

 

 

 

 

 

Last update: March 2, 2004 by Dario Canal

 

 


National Council of Science and Technology